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Novartis AG (NVS) capital expenditures by quarter

Novartis AG's capital expenditures were $392M in Q3 2026 (third quarter 2026), +22% from Q2 2026. Over the last 6 quarters it ranged from $321M (Q2 2026) to $609M (Q4 2025).

Novartis AG capital expenditures by quarterNovartis AG capital expenditures by quarter$331MQ2 2025$354MQ3 2025$609MQ4 2025$346MQ1 2026$321MQ2 2026$392MQ3 2026
QuarterCapital expendituresQ/QY/Y
Q3 2026$392M+22%+11%
Q2 2026$321M-7%-3%
Q1 2026$346M-43%—
Q4 2025$609M+72%—
Q3 2025$354M+7%—
Q2 2025$331M——

Q3 2026 at a glance

Novartis AG, Q3 2026: revenue $14.5B (+4% year over year), operating margin 12.7%, net earnings $1.2B, operating cash flow $5.5B. The chart follows the revenue to costs, profit and cash.

Questions

What is Novartis AG's capital expenditures?

Novartis AG's capital expenditures were $392M in Q3 2026 (third quarter 2026), +22% from Q2 2026.

How has Novartis AG's capital expenditures changed?

Over the last 6 quarters it ranged from $321M (Q2 2026) to $609M (Q4 2025).

Q3 2026 results → · How Novartis AG makes money →